USA
October 4, 2014
The Oliver Law Group P.C. is pleased to announce that it has launched a Syngenta lawsuit for GMO Corn Seed web page to provide the public with information about the litigation surrounding Agrisure Viptera, a variety of genetically modified corn seed which has not been approved for sale in China. According to a recent report from The Wall Street Journal, China has rejected numerous shipments of U.S. corn that contain the Agrisure Viptera variety, which resulted in an 85% reduction of such shipments in the first seven months of 2014. The Syngenta matter has also contributed to a nearly-60% reduction in corn prices from their 2012 peak.
(wsj.com/articles/cargill-sues-syngenta-says-gmo-seed-sales-hurt-u-s-corn-exports-to-china-1410542784, The Wall Street Journal, September 12, 2014)
Agrisure Viptera, (also known as MIR 162) is a GMO corn seed product developed by Syngenta AG that enables plants to produce proteins that ward off pests, according to the Wall Street Journal. While Syngenta sought China’s approval to sell the GMO seed in 2010, it has yet to be cleared for sale in that country. By April 2014, China’s decision to reject corn shipments that contain Agrisure Viptera had cost U.S. grain companies an estimated $427 million. The Syngenta GMO seed controversy has also negatively affected the price of corn and soybeans, costing U.S. farmers millions.
(online.wsj.com/news/articles/SB10001424052702303873604579493790405023808, The Wall Street Journal, April 11, 2014)
On September 12, 2014, Cargill, Inc. and Trans Coastal Supply Co. each filed Syngenta lawsuits over the company’s handling of Agrisure Viptura. According to the Trans Coastal lawsuit, which is currently pending in U.S. District Court, Central District of Illinois, Syngenta’s actions could ultimately cost it as much as $141 million. “Syngenta’s motivation in prematurely releasing Viptera corn is greed,” Trans Coastal’s lawsuit says. “If not stopped, Syngenta is going to continue to destroy U.S. exports of corn and DDGs to China.” (Case No. 2:14-cv-02221-CSB-DGB)
In a complaint filed in the Louisiana’s 40th Judicial District Court, Cargill alleges that it has been exposed to more than $90 million in losses. “Given the prevalence of crops grown from the Viptera seed in the U.S. corn supply, the Cargill Plaintiffs can no longer sell U.S.-grown corn to China,” the lawsuit charges. (Case No. 60671)
The Oliver Law Group P.C. is now offering free legal reviews to farmers, businesses and others that allegedly sustained financial damages due to Syngenta’s attempts to commercialize Agrisure Viptera GMO corn seed.
The Oliver Law Group P.C. is pleased to announce that it has launched a Syngenta lawsuit for GMO Corn Seed web page to provide the public with information about the litigation surrounding Agrisure Viptera, a variety of genetically modified corn seed which has not been approved for sale in China. According to a recent report from The Wall Street Journal, China has rejected numerous shipments of U.S. corn that contain the Agrisure Viptera variety, which resulted in an 85% reduction of such shipments in the first seven months of 2014. The Syngenta matter has also contributed to a nearly-60% reduction in corn prices from their 2012 peak.
(wsj.com/articles/cargill-sues-syngenta-says-gmo-seed-sales-hurt-u-s-corn-exports-to-china-1410542784, The Wall Street Journal, September 12, 2014)
Agrisure Viptera, (also known as MIR 162) is a GMO corn seed product developed by Syngenta AG that enables plants to produce proteins that ward off pests, according to the Wall Street Journal. While Syngenta sought China’s approval to sell the GMO seed in 2010, it has yet to be cleared for sale in that country. By April 2014, China’s decision to reject corn shipments that contain Agrisure Viptera had cost U.S. grain companies an estimated $427 million. The Syngenta GMO seed controversy has also negatively affected the price of corn and soybeans, costing U.S. farmers millions.
(online.wsj.com/news/articles/SB10001424052702303873604579493790405023808, The Wall Street Journal, April 11, 2014)
On September 12, 2014, Cargill, Inc. and Trans Coastal Supply Co. each filed Syngenta lawsuits over the company’s handling of Agrisure Viptura. According to the Trans Coastal lawsuit, which is currently pending in U.S. District Court, Central District of Illinois, Syngenta’s actions could ultimately cost it as much as $141 million. “Syngenta’s motivation in prematurely releasing Viptera corn is greed,” Trans Coastal’s lawsuit says. “If not stopped, Syngenta is going to continue to destroy U.S. exports of corn and DDGs to China.” (Case No. 2:14-cv-02221-CSB-DGB)
In a complaint filed in the Louisiana’s 40th Judicial District Court, Cargill alleges that it has been exposed to more than $90 million in losses. “Given the prevalence of crops grown from the Viptera seed in the U.S. corn supply, the Cargill Plaintiffs can no longer sell U.S.-grown corn to China,” the lawsuit charges. (Case No. 60671)
The Oliver Law Group P.C. is now offering free legal reviews to farmers, businesses and others that allegedly sustained financial damages due to Syngenta’s attempts to commercialize Agrisure Viptera GMO corn seed. To learn more about filing a Syngenta lawsuit, please contact the Oliver Law Group P.C. by calling 1-(800) 939-7878 today or visit http://www.legalactionnow.com.
- See more at: http://legalactionnow.com/syngenta-lawsuit-gmo-corn-seed-page-launched-oliver-law-group-p-c-provide-information-litigation-involving-syngenta-ags-attempts-commercialize-gmo-corn-seed/5948#sthash.N5v1rkCw.dpuf
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